Thailand’s e-commerce value forecast to hit 120 billion USD World

Thailand’s e-commerce value forecast to hit 120 billion USD

Thailand's e-commerce value is expected to grow 6.1 percent to 4 trillion THB (120 billion USD) this year, crucially driven by businesses that are sharpening their focus on the business-to-customer (B2C) model in the wake of the pandemic, according to the Electronic Transactions Development Agency (ETDA).
SMEs face challenges in digital transformation Business

SMEs face challenges in digital transformation

Vietnamese small- and medium-sized enterprises (SMEs) are facing barriers in digital transformation and have a passive response to market changes, said Hoang Minh Chien, deputy head of the Vietnam Trade Promotion Agency (Viettrade).
WB to support 600 Vietnamese SMEs Business

WB to support 600 Vietnamese SMEs

About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness as part of a project launched on July 22 by the World Bank (WB).
2021 economic outlook remains positive despite COVID-19 resurgence Business

2021 economic outlook remains positive despite COVID-19 resurgence

Despite the complexity of the fourth COVID-19 wave, Vietnam’s GDP growth is forecast to exceed 6.5 percent this year on the back of surging industrial production and global economic recovery, according to Assoc. Prof. and PhD Dinh Trong Thinh, a senior economist from the Academy of Finance.